Lendlease tops off Sydney’s tallest office tower at Circular Quay
Global property group Lendlease has filled one of the last slots in the multi-billion dollar revamp of Circular Quay with the completion of its flagship commercial building Sydney Place, known as Salesforce Tower.
It officially holds the mantle for the city’s tallest office tower.
The $2 billion Sydney Place at 180 George Street will soar 55-storeys, or 263 metres, and be the flagship site for software platform Salesforce, with real estate agency JLL also signing up for three floors. It was developed and constructed by Lendlease, in a joint venture with China’s Ping An Real Estate and Japan’s Mitsubishi Estate Asia.
Lendlease managing director of development Tom Mackellar said the completion of Salesforce Tower will “reignite the Circular Quay precinct, creating a rich dining and retail experience for workers and visitors to enjoy”.
“Achieving more than 80 percent leasing, the flagship commercial tower has redefined the city’s spectacular skyline and demonstrates the strong market appetite for modern workplaces that are well-connected, environmentally sustainable and provide state-of-the-art facilities with a focus on health and wellbeing,” Mackellar said.
Achieving more than 80 percent leasing, the flagship commercial tower has redefined the city’s spectacular skyline.
Lendlease managing director of development Tom Mackellar
Aside from the state-of-the-art internal facilities, the tower has a Platinum WELL Shell and Core rating. Sydney Place also has Green Building Council of Australia’s 6-Star Green Star Design rating, and is targeting a 5.5 Star NABERS energy rating.
It will feature 24 new laneway retailers, including signature dining, bars and the much-anticipated Jacksons on George pub, which is expected to open mid-2023.
Having been neglected for a long time, the redevelopment of Circular Quay will be the final piece of the $64 billion upgrade of the Sydney CBD.
The array of new towers at the “gateway” to Sydney include the $2 billion revamped Quay Quarter at 50 Bridge Street, which extends outwards to Loftus Street. There is also the mixed-use, residential-led precinct at 505 George Street by Mirvac and Coombes Property Group, which is under construction and valued at about $1 billion.
Nearby will be Lendlease and Mitsubishi Estate Asia’s $3 billion One Circular Quay project on the former Gold Fields site, which will include Sydney’s first Waldorf Astoria hotel and luxury apartments.
The City of Sydney has also made it clear that in all the new major projects, developers must include a high degree of public space and facilities.
City of Sydney Lord Mayor Clover Moore said the complex serves both private and public interests, “with an impressive office tower as well as public space with a beautifully designed community building, a major public artwork and by March next year, connected retail laneways, and public bicycle facilities”.
Under the plan, close to half of the Sydney Place precinct is dedicated to the public, including the first plaza on George Street in decades. There is a community building, designed by British architect Sir David Adjaye in partnership with Indigenous Australian artist Daniel Boyd, and transferred to the City of Sydney’s ownership on completion this year.
Installation of the Plaza Community Building’s distinct rooftop canopy art, also designed by Daniel Boyd, is complete, and a second major public artwork, designed by Louise Zhang in partnership with Dennis Golding, will be open in March next year.
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Source: Thanks smh.com